The Sensex had closed at a record high of 62,273 in the previous trading session.
The Nifty had reached 18,484 with a gain of 217 points.
Foreign institutional investors have invested Rs 1,231.98 crore in the market.
New Delhi. The Indian stock market touched its record high level in the last session and closed above 62 thousand. But, today the pressure of the global market is visible on the market. Experts estimate that initially today investors may go towards selling, due to which the market may have to face a decline.
The Sensex closed at a record high of 62,273 with a huge gain of 762 points in the previous trading session, while the Nifty gained 217 points to reach 18,484. There was also an expiry of futures and options trading in the market on Thursday and during this time investors bought shares fiercely, due to which there was a big jump. Experts say that although the positive sentiment of the investors will remain, but if there is pressure from the global market in the early trade today, profit booking can go on for some time.
US and European market boom
The US stock market is currently looking bullish. Despite the risk of recession, investors are showing enthusiasm and during the last trading session, the S&P 500, which is included in the US major stock exchange, is showing a jump of 0.59 percent, while the Dow Jones is trading at a gain of 0.28 percent, while the NASDAQ is trading at 0.99 percent. The speed was closed.
On the lines of America, the European markets also saw a boom during the last session and all the major stock exchanges closed with gains. Germany’s stock market showed a gain of 0.78 percent during the last trading session, while the French stock market managed to gain 0.42 percent. The London Stock Exchange also saw a gain of 0.02 per cent in the previous session.
Asian markets under pressure
Due to increasing corona infection in China and strict lockdown, Asian markets are under pressure today. The Singapore Stock Exchange is trading down 0.28 per cent this morning, while Japan’s Nikkei is trading at a loss of 0.15 per cent. There is an increase of 0.07 percent in Hong Kong and 0.04 percent in Taiwan, but there is a decline of 0.09 percent on the Kospi of South Korea. China’s Shanghai Composite is also trading at a loss of 0.33 per cent today.
Today these stocks will be under watch
In today’s business, there will be some stocks which can become the first choice of investors despite the pressure on the market. Such stocks are called high delivery percentage stocks and today this category includes stocks of companies like Voltas, ICICI Lombard General Insurance, ICICI Bank, ICICI Prudential Life Insurance and SBI Life Insurance.
returned the confidence of foreign investors
The confidence of foreign investors on the Indian stock market seems to be returning. Foreign investors have made purchases for the first time this week. In the last trading session, foreign institutional investors have invested Rs 1,231.98 crore in the market, while domestic institutional investors sold shares worth Rs 235.66 crore during the same period.
FIRST PUBLISHED : November 25, 2022, 07:32 IST